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The Western Boot Company Will Produce 94,000 Pairs of Boots

Question 20

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The Western Boot Company will produce 94,000 pairs of boots next year.Variable costs are 35 percent of sales,while fixed costs total $223,000.At what price must each pair of boots be sold for Western to obtain an EBIT of $1,391,500?

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94,000P - (0.35)(94,000)P - 22...

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